Shell Oil Decided to Deactivate One of Noble Corporation’s Drill Ships Operating for the Company in the Gulf of Mexico.
Noble reported in its fleet status report on Tuesday that Shell had exercised its contractual right to suspend the drill ship Noble Don Taylor, built in 2013, for the remainder of its contract, or 183 days ending on February 25, 2019. The drilling vessel has been working for Shell in the Gulf of Mexico since August 2013. During the idle period, the rig will receive a daily revenue of US $ 420 thousand, Noble said.
The driller also stated that Shell may redeploy the rig at any time within the remaining period of the contract, and the company is free to secure immediate contract opportunities.
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More than 230 Brazilian companies move production to Paraguay, pay a tax rate close to 12%, compared to about 80% in Brazil, and use Mercosur to sell back to the domestic market without import tax.
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Starlink, by Elon Musk, wants to transform its satellites into a cellular operator capable of covering any point on the planet, but the three American giants in the sector, AT&T, T-Mobile, and Verizon, rejected the partnership and joined forces for the first time to try to contain the company’s advance.
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Dredged material from navigation channels restores life to Poplar Island, reconstructs 1,715 acres of land, expands open water zones, and creates a refuge for hundreds of migratory and local bird species.
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About 500 kilos of green stones with juvenile algae are spread in the ocean to regenerate underwater forests, reduce costs, and accelerate the restoration of marine habitats.
Meanwhile, the drilling vessel Noble Tom Madden, built in 2014, is preparing for mobilization in Guyana. The rig’s contract with ExxonMobil begins in mid-October 2018 with a final date in December. The contract also includes up to three pricing options.
Recent Business from Shell
Wood will provide maintenance, modification, and shut-down support services as part of the contract covering Shell’s onshore facilities in Batangas and offshore assets in the Malampaya field, near Palawan Island. The company did not provide financial details. The contract will be supported by Wood’s local presence in Manila and the regional upstream center in Kuala Lumpur, creating 60 new positions. Read the full article here.
Shell Chooses Wood for Services in the Malampaya Field in the Philippines

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